According to the website of the Ministry of Finance on December 22nd, the Ministry of Finance issued approval opinions on stopping the sale of 71 instant sports lottery games such as "Golden Flash 7".
In order to further optimize the structure of sports lottery games and promote the healthy development of the lottery market, it is agreed that the Sports Lottery Management Center of the General Administration of Sports will stop selling 71 instant sports lottery games such as "Golden Flash 7". The Sports Lottery Management Center of the General Administration of Sports shall make an announcement to the public within 2 months from the date of approval, including the name and document number of the approval document of the Ministry of Finance, the date of stopping sales, the deadline for awarding prizes, etc. After 60 natural days from the date of announcement, the sales of the above 71 lottery games will be stopped.
After the sales of the above 71 lottery games are stopped, the bonuses shall be paid in accordance with the regulations during the redemption period. After the end of the redemption period, the Sports Lottery Management Center of the General Administration of Sport should do a good job in lottery fund settlement with the lottery sales organization. Overdue prize money is included in the lottery public welfare fund, the bonus balance is transferred to the general adjustment fund, and the excess prize money is charged according to the regulations. After the end of the redemption period, the Sports Lottery Management Center of the General Administration of Sport and the lottery sales organization shall submit a written report to the financial department at the same level within 60 natural days, including lottery issuance and sales, lottery bonus extraction, redemption and balance transfer.
The Sports Lottery Management Center of the General Administration of Sports shall, in strict accordance with the provisions of the current lottery management system, urge lottery sales agencies to strengthen sales safety management and risk control, and earnestly do a good job in announcement, redemption, settlement and other related work. It is necessary to rationally plan the game structure of instant lottery tickets, and coordinate the work links such as game approval, budgeting, printing logistics, listing and sales, and stopping sales, so as to effectively save costs and improve efficiency and ensure the sustained and healthy development of instant lottery tickets.